Step 0: acquire the company through a leveraged buyout by the CEO's own private equity firm [0]

Step 1: speed-run into the ground while loading it up with the debt of the purchase price and paying yourself management fees.

Step 2: close up shop, write down the loss and reduce tax liability for next year?

[0] https://techcrunch.com/2026/01/14/digg-launches-its-new-redd...

I think a human would have split the "it's not this, it's that" type of sentence into two separate sentences that could be more descriptive. This is a blog post, not a tweet, so there's no length constraint.

If they wanted to keep it to a single sentence, they could have used a a word like "rather" to act as a separator between moat and wall.

Old forums still exist and work just fine without any CEOs pontificating about "community".

I'm on plenty of niche interest boards built on PHPbb, Xenforo and Discourse. Chronologically ordered discussions, RSS support, no algorithmic "For You" bullshit.

Build it and they will come.

I was a big user of Pocket between 2015-19, which also curated interesting long-form articles. The problem with that model was that paywalls were coming up everywhere, so the free articles that remained came from low-quality sites (Forbes, The Inc, FastCompany) full of long-form hustle culture or self-improvement stuff loaded with affiliate links. Maybe Digg v2 had the same issue.